LayerTwo Labs is a Bitcoin development company building sidechain infrastructure through Drivechain technology. LayerTwo Labs's Twitter Score is 35 out of 1000 as of August 2026, ranking #27,190 (top 10%) among 483,944 tracked accounts.
LayerTwo Labs was co-founded by Paul Sztorc, Austin Alexander, CryptAxe, and Nikita Chashchinskii. The company's core work centers on Bitcoin sidechains specified by BIP 300 and BIP 301, both authored by co-founder Paul Sztorc. Austin Alexander brought extensive exchange-industry experience to the founding team, having previously spent eight years at Kraken before joining the project.
LayerTwo Labs raised a $3 million seed round from undisclosed angel investors in December 2022. The company's approach treats Drivechain-based sidechains as a way to extend Bitcoin's utility without altering its base layer, aiming to make every transaction settle on Bitcoin. LayerTwo Labs has 4,999 followers as of August 2026 and has published 4,507 posts. It has been mentioned by 45 accounts a total of 78 times.
Who follows LayerTwo Labs on X?
The accounts that follow LayerTwo Labs include 165 founders, 15 angel investors, 79 influencers and 1 VCs. Among them are Loomdart, Tarun Chitra, Eric Wall, Mario Nawfal, Adam Back and Vinny Lingham.